Jim Sinclair: Cartel Attempting to Shake Free Real Gold in the Cash Market!

gold cartel shakes the treeJim Sinclair has sent email subscribers an email alert regarding the latest take-down of the gold market by the bullion bank cartel. 
Sinclair states that the latest actions are not motivated by paper profits, but are an attempt by the cartel to shake free real physical gold bullion from weak hands in the cash market.    Gold is going to and through $3500 in the reasonably near future. The point of this entire operation was to shake the tree to accumulate not in the paper market for gold, but real free gold in the cash market.

The gold banks are short the real Mccoy, and are desperate for precious metal investors to liquidate their physical holdings in a panic.
Sinclair states that all that is necessary to win the battle is to do nothing, ie hold on to your gold.

Sinclair’s full update is below:


2013 Silver Eagles Are IN STOCK and As Low As $2.79 Over Spot at SDBullion.com!

2013 Silver Eagle

From Jim Sinclair:

Read and weep you expat euro snobs that swore the euro was finished. Those who looked me in face as if I was mad at lunch when bullish long term on the falling euro. Gold is why the euro is doing what it is doing, and mark of gold to the market will be universal among the strong currencies. Those that do not have or buy gold resisting marking their gold reserves to the market are sentencing their currency to the bottom of the batch.

I was shunned as too stupid to be alive when at $1.19 euro I warned there was a currency war that MSM was MOPEing the euro, but not to death. Plus the euro would beat the US and GB assault it was under.

You should have seen the face yesterday on the Bloomberg Money Bunnies when a talking head said $1.37 on the euro. $1.37 is too conservative, as is $3500 on gold.

Gold is going to and through $3500 in the reasonably near future. The point of this entire operation was to shake the tree to accumulate not in the paper market for gold, but real free gold in the cash market.

When I told you RGLD at $100 was too rich, too early, I am sure those who bought it when recommended the day Barrons bashed it saying it was worth no more than $5.60 laughed off my $100 observation. RGLD is a interest sensitive gold bank and should be played that way. It will return to $100 and above because there is no political will to accept higher rates. The Fed will buy any and all treasury instrument offered to them in order to keep rate low.

Here is another observation that few, if any, will listen to. The race for leadership in the gold share bull market coming will be between Mucks and Trucks. Something like a Saturday night monster truck show at the country fair.

Sincerely yours,
Jim

1.3572 +0.0084 (+0.62%)
2013-01-30 10:09:38, 0 MIN DELAY

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Comments

  1. i did some math and usedthe new mining numbers for 2012 

    just looking at the us numbers, silver comes out of the ground at a 4 to 1 ratio to gold

    gold at 1700 & silver at 32. $13.55 billion in metal mined last year.
    as the fed prints $85 billion a month, for every $1 in metal mined, the fed prints $75d

  2. there are 240 million working age adults in the us

    if there is 1 billion ounces of silver for investment 6 billion people world wide

    the us mines .12 ounces of silver per year per working age adult.

    • EGADS!  I have WAY more than my share now.  That must mean that there are MANY Americans with no silver at all.  Something tells me that they will regret that choice before this is all over and done.

  3. Anyone understand what Jim means by this:
     
    he race for leadership in the gold share bull market coming will be between Mucks and Trucks. Something like a Saturday night monster truck show at the country fair.

  4. don’t make sense if they are in a panic to get investors to liquidate by smashing the price, I would think they might sell at a higher price for a profit. does’nt matter I have been a buyer since $275 @ ounce and am still a buyer at the current price and have been doing the same with silver!

    • Then you are among the “strong hands” out there.  Very well done, indeed.
       
      I looked at buying gold when it was under $300 an oz. but could not come up with any loose money to invest.  Later, as it began rising, it just seemed too expensive to buy.  The longer I waited, of course, the more expensive it got!  :-(
       
      The good news is that the 1980s and 1990s were a GREAT time to be invested in stocks.  I made quite a bit of money in them thar days but it would have worked out about the same either way in terms of stocks vs. PMs.  Wish that I would have done a split, though, so I could now be fondling some of that “cheap” gold.  lol
       

  5. im not selling either. if the price goes up, I buy. If it goes down, I buy more.

  6. Never Mind Shaking The Tree, I Would Love To Shake Dimons and Blyths Necks.

  7. Bend The Tree Back and tie it down. Tie a strong Nylon Rope with a noose to the tree. Put the noose around Ben’s neck then cut the tree tie. You won’t see Ben flying through the air but you might see his head. Lol

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